Housing market and Covid-19 impact
So, you've wandered onto few real estate websites or heard one of friends or workmates talk about the housing market like they talk about the American politics. The next thing you know your Instagram account is full of real estate agencies' targeted ads. Then, you probably start thinking about your bank account and then back to scrolling- cute animal pics, vacation and sunshine filters, a new dance trend, and the usual yada, yada, yada. And, you go back to your normal life outside of these filters but then you can't stop thinking about buying or investing in a house of your own.Good plant picture? Meh! We got it for free, so we thought we'd use it.
That's it! It's all about money now isn't it. But, then it's always been that way. What's different this time? Has Coronavirus made the market any easier or much worse than before? Is $10k at the start of this year the same as $10k right now?
Here's a short answer, no matter what your situation is- if you're thinking of buying a house then right now is the perfect timing. Why? Because your money has more buying power now. That's it. No other reason. Your $10k at the right now has more buying power right now than before the coronavirus crisis.
Feel like you could use a bit more information? Well then get in touch with us today, we can't wait to chat to you about house plants, IKEA furnitures and few tricks of the real estate markets.